Dangers of Debt

Front

Paying of debt can tie up your future earnings.

Back

False

Front

Usually, debts help you earn more money.

Back

False

Front

Managing debts requires extra record-keeping.

Back

True

Front

It's always a mistake to go into debt.

Back

False

Front

It costs money to be in debt.

Back

True

Front

Some debts are also investments.

Back

True

Front

Late payment fines add to your debt.

Back

True

Front

Being in debt means you ______ someone money.

Back

owe

Front

If you ________ money, you must pay it back with interest.

Back

borrow

Front

To avoid ______, make loan payments by the due date.

Back

fines